Michel Foucault- Right of Death and Power over Life The concept is important. Don’t get to the details. * In ancient Roman times‚ power of the sovereign over his subjects could be exercised in an absolute and unconditional way. The king had the authority to directly expose the life of his subjects in times of war and thus he held an indirect power over them of life and death. * During the classical age in the West‚ this death that was based on the right of the sovereign was not manifested
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Executive Summary i 1. Introduction 1 2. Corporate governance and Business Ethics 1 3. ASX Principles Relating to Business Ethics 2 3.1 Principle 2: Structure the Board to Add Value 2 3.2 Principle 4: Safeguard Integrity in Financial Reporting 3 4. Lend Lease’ Corporate Governance Statement 3 4.1 Structure the Board to Add Value 4 4.2 Safeguard
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Corporate Governance is essential to be followed in any country and economy for its economic welfare. In Pakistan‚ Security and exchange commission of Pakistan is the core authority to assure the implication of corporate governance. The SECP issued the code of corporate governance which has been revised in 2012. This code includes all the details of the corporate governance practices to be followed in Pakistan. On having a study of this code‚ Following were the points as seen also in the Anglo-American
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Definitions of corporate governance B. Theories behind corporate governance 1. Agency problem 2. Stewardship theory 3. Resource dependency theory 4. Stakeholder theory 5. Political theory 6. Transaction cost economics 7. Ethical theory C. Principles of corporate governance D. SOX Act‚ E. Enron Scandal‚ Conclusion I. Introduction: The concept of corporate governance in legal and economic terms is equivalent to “the defense of shareholders”. Corporate governance is the response to typical
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A Study on Effective Implementation of Internal Audit Function to Promote Good Governance in the Public Sector Zeleke Belay (BA‚ BSc‚ ACCA‚ MSc‚) Lecturer at College of Telecommunication and Information Technology Department of Telecommunication Management Email: zelekebly@yahoo.com Mobile: 251 9 11 66 98 61 Office : 251 11 416 99 00 P.o Box: 1413‚ Code 1110 Addis Ababa Presented to the “The Achievements‚ Challenges‚ and Prospects of the Civil Service Reform Program Implementation in Ethiopia”
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Why do I want to take Fine Art at Oxford University? Colour‚ ecitment‚ change and improvement‚ these are just a couple of the things that run through my mind when I am sat with a pencil and piece of paper. I have enjoyed and loved art ever since I can remember‚ and even if I wanted to I don’t think I could ever not have a career or future in the subject. So what is art? Art to me is something other than words that can characterise an exact moment of time or feeling. Although some of
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Importance of Corporate Governance for SMEs By Hany Abou-El-Fotouh Today corporate governance principles are considered a key element to the success of any organization and a prescription for improving performance. Simply it is the name of the game for companies that are directed by a board of directors in order to safeguard the interest of shareholders as well as other stakeholders. There are several definitions for corporate governance. However‚ the most appropriate definition which is
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Reaction Paper: Philippine Education and Democratic Governance According to a blogger‚ Education is a long term solution to the problems that we face. That’s why we have to be extremely careful about the decisions that we make regarding this because the effects would ripple through generations. The Philippine education problems‚ I believe‚ remains unchanged. There are a lot of classrooms that is not conducive for learning. Also‚ the quality of education is inadequate. There are not enough textbooks
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THE ROLE OF AUDITORS IN THE CONTEXT OF CORPORATE GOVERNANCE Asst. Prof. Loganathan Krishnan Abstract Auditors examine company’s accounts and report to the company on the accounts. Fundamentally‚ the concern is how auditors carry out these duties effectively. Legislations namely Companies Act 1965‚ Securities Industry Act 1983 which has been consolidated as Capital Market and Services Act 2007 have made major inroads to ensure that auditors carry out their duties and obligations effectively. Additionally
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local leaders/officials especially on Governance. LGUs failed to deliver effective governance that resulted to numerous issues and grievances from the people. The LGUs’ shortcomings towards its citizenry have betrayed the true essence of their slogan “Public office is a Public Trust.” Sulu Local Government Units have always been ‘poor’ and ‘weak’ in governance when evaluated by its people and they are always inadequate to reach their topmost echelon. Poor Governance aggravates the Poverty in the province
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